VivoPower International PLC, a Nasdaq-listed company, announced that it is raising $121 million in private capital to fund the first XRP-focused treasury strategy by a publicly listed company.
Commenting on the development, All Things XRP (@XRP_investing) on Twitter, highlighted that this marks a critical shift in institutional positioning toward XRP, with analysts saying the move could reshape market perceptions.
The capital raise, priced at $6.05 per share, slightly above the previous market close, is being led by His Royal Highness Prince Abdulaziz bin Turki Abdulaziz Al Saud of Saudi Arabia. VivoPower confirmed that most proceeds from the issuance will be spent on purchasing and holding XRP as an essential asset for its treasury.
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All Things XRP noted that what’s more important is that XRP is not just staying relevant—it is being actively chosen by companies, royalty, and former Ripple leaders who recognize its long-term potential.
🚨⚠️ XRP HOLDERS: THIS CHANGES EVERYTHING.
VivoPower just dropped a bomb on the crypto world.
They’re the first public company to adopt an XRP-focused treasury strategy—and they’ve got $121M to prove it.
Let’s break down what this really means for XRP.🧵👇 pic.twitter.com/Pofy88hAFb
— All Things XRP (@XRP_investing) May 29, 2025
They added that the development is not just about hype or marketing; rather, it shows that XRP is being seen in a new light and is beginning to be used in more practical and strategic ways.
According to All Things XRP, this event provides a clear roadmap for other institutions, showing that adding XRP to corporate balance sheets is now both acceptable and backed by precedent. Although prices may not be rising at the moment, awareness, acceptance, and adoption of XRP continue to grow steadily.
XRP’s Institutional Turning Point Backed by Ripple DNA
Adam Traidman, a former Ripple board member and ex-CEO of SBI Ripple Asia, has joined VivoPower as Chairman of its Board of Advisors. He is also participating as an investor in the placement, strengthening the company’s alignment with XRP’s developer and enterprise community.
The strategy places XRP at the center of VivoPower’s financial model. According to the official announcement, the company will support the XRPL ecosystem and plans to spin off its Tembo and Caret Digital divisions by the third quarter of 2025 to focus entirely on blockchain finance.
Prince Abdulaziz confirmed the decision followed detailed assessments of digital asset strategies, citing recent meetings with U.S. President Donald Trump as timely context for digital finance expansion. He emphasized VivoPower’s unique commitment to XRP as the basis for leading the investment round.
All Things XRP emphasized that even though XRP has not yet reached its previous all-time high of $3.40, its actual use is growing every day. The support of these companies gives XRP a lead in the treasury business.
Even with its ups and downs, the main benefit lies in cryptocurrency’s increasing use and capacity in big institutions.
The offering is subject to shareholder approval and standard closing conditions, with the shareholder vote expected by mid-June 2025. The securities are being offered under Regulation S, making them available only to non-U.S. persons, with Chardan serving as the sole placement agent for the transaction.
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